Brandon Elster - Mar 1, 2024 Form 3 Insider Report for LUXURBAN HOTELS INC. (LUXH)

Role
Chief Development Officer
Signature
Brandon Elster
Stock symbol
LUXH
Transactions as of
Mar 1, 2024
Transactions value $
$0
Form type
3
Date filed
3/4/2024, 06:23 PM
Next filing
Jun 12, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding LUXH Common Stock 194K Mar 1, 2024 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding LUXH Employee Stock Options Mar 1, 2024 Common Stock 155K $1.77 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 100,000 shares of the Issuer's Restricted Common Stock issued to the Reporting Person on March 1, 2024 pursuant to the terms of the employment agreement between Reporting Person and Issuer. One-fourth of such Restricted Common Stock shall vest on an annual basis beginning March 15, 2025.
F2 Represents Employee Stock Options issued to the Reporting Person by the Issuer. Employee Stock Options owned by the Reporting Person vest annually in three installments beginning August 12, 2023.